Economy + January 2019

Facebook to Launch a New Incubation Programme in Nigeria

Giant social networking service company Facebook is reportedly planning to launch a new incubation programme in partnership with its satellite hubs across Nigeria on February 4. This is a part of Facebook’s Nigeria Initiatives aimed at driving innovation, skills development...
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NPA to Increase Onne Port Depth

The Managing Director, Nigerian Ports Authority, Hadiza Usman, has said that the Authority is engaged in efforts to increase the depth of the draught of Onne port to 11 meters as a way of encouraging bigger vessels. She added that...
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CAC Registers 39,074 Business Names In Two Months

Lady Azuka Azinge, the Acting Registrar-General of the Corporate Affairs Commission (CAC), has said that through the implementation of its Business Incentive Strategy it had been able to register 39,074 Business Names between October and November 2018. Lady Azinge revealed...
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FG Begins Review Of Auto Policy

The federal government has disclosed that it is embarking on a holistic review of the National Auto Policy to weed out serial abuse by assembly plants and ensure that the gains of the policy are actually felt by Nigerians. The...
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Nigerian Bourse Launches New Indices

The Nigerian Stock Exchange (NSE) and Afrinvest Securities Limited (ASL) on Monday launched two new indices to optimize investors’ return, said an NSE official. The indices are the NSE-Afrinvest Banking Value Index (BVI) and NSE-AFRINVEST High Dividend Yield Index (NSE-Afr...
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Federal Government Eyes N2 Trillion From Livestock

The Federal Government yesterday said its National Livestock Transformation Plan (NLTP) is eyeing N2 trillion into the livestock sector. It also said the plan will check the clashes between farmers and herders in the country. It took the decision following...
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